DIT Group (HKG:0726) expects a net loss attributable of about HK$269 million in the first half of 2025, a 58% increase from a HK$170.5 million loss last year, according to a Tuesday Hong Kong bourse filing.
The widened loss was mainly due to a 78% decline in revenue from prefabricated construction units and decoration and landscaping services, lower gross profit margins, reduced plant capacity utilization, and increased bad debt provisions amid ongoing market pressures.
The final interim results are expected by the end of August.